40 Million USDT Moved From Binance to an Unknown Wallet

40 Million USDT Moved From Binance to an Unknown Wallet

N
News Editor
2026-06-16 19:00:52
Coinglass data cited by ChainCatcher shows that 40 million USDT was monitored moving from Binance to an unknown wallet at 02:07 on June 17.
USDTBinanceCoinglassWhale Movement

According to ChainCatcher, Coinglass data showed that at 02:07 on June 17, a transfer of 40 million USDT was monitored moving from Binance to an unknown wallet. The key details reported for this on-chain movement are the sending platform, the asset, the amount, and the destination label: the funds left Binance, the asset was USDT, and the receiving wallet was marked as unknown in the monitoring data.

USDT is a widely used stablecoin in the crypto market, and large transfers between exchanges and external wallets are commonly recorded by on-chain data services under whale movement updates. The report did not disclose a transaction hash, further details about the receiving address, or the subsequent use of the funds. The confirmed information is limited to the transfer data monitored by Coinglass and cited in the ChainCatcher newsflash.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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